Ascelia Pharma Q4 2023: On track with easing financial pressure - Redeye
Ascelia’s priority is to secure a re-reader evaluation of SPARKLE by May 2024. This involves reducing the risk of excessive intra-reader variability. The time table is realistic but the risk for delays are never zero. In Q4 Ascelia delivers a further radical reduction in OPEX and we expect the run rate to continue in line with or just below the Q4 level. Our base case include a US partner strategy which could bring several advantages in our view. Our update includes reduced equity dilution as a result of the recent financing and a base case valuation of SEK 12 (8) and a Bull Case of SEK 32 (26), and a Bear Case of SEK 4 (2).
Länk till analysen i sin helhet: https://www.redeye.se/research/978028/ascelia-pharma-q4-2023-on-track-with-easing-financial-pressure?utm_source=finwire&utm_medium=RSS